Sierra Leone Inflation Rate 2007-2024

Inflation as measured by the consumer price index reflects the annual percentage change in the cost to the average consumer of acquiring a basket of goods and services that may be fixed or changed at specified intervals, such as yearly. The Laspeyres formula is generally used.
  • Sierra Leone inflation rate for 2022 was 27.21%, a 15.33% increase from 2021.
  • Sierra Leone inflation rate for 2021 was 11.87%, a 1.57% decline from 2020.
  • Sierra Leone inflation rate for 2020 was 13.45%, a 1.36% decline from 2019.
  • Sierra Leone inflation rate for 2019 was 14.81%, a 1.22% decline from 2018.
Data Source: World Bank

MLA Citation:
Similar Country Ranking
Country Name Inflation Rate (%)
Zimbabwe 104.71%
Haiti 33.98%
Sierra Leone 27.21%
Malawi 20.95%
Burundi 18.80%
Rwanda 17.69%
Burkina Faso 14.29%
Gambia 11.51%
Guinea 10.49%
Mozambique 10.28%
Senegal 9.70%
Guinea-Bissau 9.39%
Madagascar 8.16%
Togo 7.97%
Uganda 7.20%
Chad 5.79%
Central African Republic 5.58%
Tanzania 4.35%
Niger 4.23%
Benin 1.35%
South Sudan -6.69%
Sierra Leone Inflation Rate - Historical Data
Year Inflation Rate (%) Annual Change
2022 27.21% 15.33%
2021 11.87% -1.57%
2020 13.45% -1.36%
2019 14.81% -1.22%
2018 16.03% -2.19%
2017 18.22% 7.34%
2016 10.89% 4.20%
2015 6.69% 2.05%
2014 4.64% -0.88%
2013 5.52% -1.06%
2012 6.59% -0.20%
2011 6.79% -0.39%
2010 7.19% -0.28%
2009 7.47% -0.74%
2008 8.21% -3.44%
2007 11.65% -3.44%